A consortium comprising Leighton Properties and Mirvac has emerged as the frontrunner to develop the Perth City Link.
Planning Minister John Day said the State Government had carried out an extensive evaluation process to develop more than five hectares of land at the Perth City Link, incorporating new office, retail and living spaces and creating a significant inner city project.
“The Metropolitan Redevelopment Authority has undertaken a rigorous assessment of the expressions of interest received and, as a result, the project is moving forward with a consortium made up of two highly-credentialed Australian companies,” Mr Day said.
“The State Government has high expectations in regard to design and innovation, place making, access, connectivity and commercial return for the Perth City Link.
“The Leighton Properties/Mirvac consortium has successfully demonstrated the broad depth of experience and capacity required to deliver a world-class development.
“Together with Elizabeth Quay, Riverside and the Perth Cultural Centre, this project is a key part of the plan to revitalise Perth and will help provide new opportunities for people to live, work and enjoy recreation time in the city.”
The consortium has been invited to submit a detailed proposal in August addressing its place making approach, development mix, environmentally sustainable design initiatives, transport and access plans, as well as its business and staging plan. The evaluation and negotiation process is expected to continue until early 2013.
Development of the State Government’s 5.1-hectare land holding has the potential to deliver 265,000sqm of new office, retail, hotel and residential accommodation, as well as more than one hectare of high quality public domain.
Works to deliver the project are well underway including creation of the new rail tunnel and subdivision works to create two development sites adjacent to the Perth Arena.
Watch the 'Vision for Perth City' Link video clip